本文關(guān)鍵詞：全國性中小股份制商業(yè)銀行中間業(yè)務(wù)實證研究，由筆耕文化傳播整理發(fā)布。

        金融業(yè)經(jīng)過長期發(fā)展,已呈現(xiàn)全球化、自由化、信息化等趨勢,金融市場的競爭也隨著金融業(yè)的發(fā)展而日益加劇。傳統(tǒng)模式的銀行業(yè)務(wù)受此影響,利潤空間大大降低。并且,金融業(yè)競爭的過度激烈造成傳統(tǒng)業(yè)務(wù)開展的激進,從而導致了大量風險的產(chǎn)生。金融管理當局為了預防這種風險造成的國家及社會問題加強了管控。特別在2008年由次貸危機引起的全球金融動蕩發(fā)生之后,銀行等金融機構(gòu)受到了政府更加嚴格的監(jiān)管,商業(yè)銀行最低資本要求的不斷提高,使得開展傳統(tǒng)信貸業(yè)務(wù)受到了更多的限制。另一方面,金融創(chuàng)新的提出為商業(yè)銀行業(yè)務(wù)發(fā)展提供了廣闊的拓展空間。商業(yè)銀行中間業(yè)務(wù)能比較少地占用銀行資本,不占用表內(nèi)資產(chǎn)與負債,并且能帶來豐厚的非利息收入、優(yōu)化盈利結(jié)構(gòu),已經(jīng)成為各國商業(yè)銀行拓寬市場、降低經(jīng)營風險、完善綜合競爭能力的核心業(yè)務(wù)之一,也將成為各國商業(yè)銀行在未來很長一段時間的主要業(yè)務(wù)發(fā)展方向。由于我國長期實行金融業(yè)分業(yè)經(jīng)營、分業(yè)監(jiān)管的政策,銀行、保險、證券等部門業(yè)務(wù)區(qū)分嚴格。商業(yè)銀行業(yè)務(wù)主要以傳統(tǒng)的資產(chǎn)負債業(yè)務(wù)為主,種類較為單一。與國外商業(yè)銀行相比,我國商業(yè)銀行局限于單一的業(yè)務(wù)模式,不能為客戶提供更多的產(chǎn)品和服務(wù),盈利渠道相對狹窄,整體發(fā)展受到制約。近年來人民銀行數(shù)次提高存款準備金率,緊縮信貸規(guī)模,商業(yè)銀行信貸業(yè)務(wù)發(fā)展受到極大影響,利差收入增長大幅度下降,傳統(tǒng)的盈利模式受到嚴峻的挑戰(zhàn)。為了應對日益激烈的市場競爭,逐步轉(zhuǎn)變經(jīng)營方式、大力發(fā)展中間業(yè)務(wù)、提升銀行核心競爭力已經(jīng)成為我國商業(yè)銀行最為迫切的需求。按照世貿(mào)組織要求,從2006年開始,我國金融市場全面開放,大量外資銀行涌入,憑借其成熟的業(yè)務(wù)模式同我國商業(yè)銀行爭奪市場份額,我國銀行業(yè)進入了自由競爭的階段。中資中小股份制商業(yè)銀行作為中國金融體系中最具創(chuàng)新力和靈活性的金融機構(gòu)之一,其發(fā)展方向與進程始終備受關(guān)注從二十世紀八十年代中期,我國股份制商業(yè)銀行體制得到確立和發(fā)展以來,我國中小股份制商業(yè)銀行,如：招商銀行、中信銀行、民生銀行等,憑借完備的管理模式,以其優(yōu)良的金融產(chǎn)品和個性化的金融服務(wù)后來居上,已成為我國銀行業(yè)的后起之秀。不過,無論從我國中間業(yè)務(wù)總體發(fā)展,還是中小股份制銀行實際市場占有率而言,中小股份制銀行中間業(yè)務(wù)的發(fā)展依然存在很多亟需完善之處。因此,研究我國中小股份制銀行中間業(yè)務(wù)發(fā)展的現(xiàn)狀,分析影響其發(fā)展的原因,制訂有效的發(fā)展策略已成為目前我國銀行業(yè)的一個重要課題。本文采用了比較分析、定性與定量相結(jié)合的研究方法,對我國全國性中小股份制商業(yè)銀行中間業(yè)務(wù)的開展進行了全面充分的研究。首先通過對大量國內(nèi)外文獻資料的查閱,充分研究了國內(nèi)外已有的、具有參考價值和指導意義的理論。在借鑒各國學者對中間業(yè)務(wù)收入理論分析的基礎(chǔ)上,闡述了商業(yè)銀行中間業(yè)務(wù)的理論基礎(chǔ),包括定義、特點,論述了中間業(yè)務(wù)的理論依據(jù)。其次,通過對比國內(nèi)外商業(yè)銀行中間業(yè)務(wù)發(fā)展的歷史和現(xiàn)狀,分析得出我國商業(yè)銀行發(fā)展中間業(yè)務(wù)所存在的若干問題。再次,對我國中小股份制商業(yè)銀行中間業(yè)務(wù)發(fā)展的影響因素進行綜合分析。定性分析了影響商業(yè)銀行中間業(yè)務(wù)發(fā)展的因素,定量實證分析了這些因素對全國性中小股份制商業(yè)銀行中間業(yè)務(wù)發(fā)展的影響,并比較其在這一方面與國有大型商業(yè)銀行的區(qū)別。其中,影響因素的定量實證分析分析選取了10全國性中小股份制商業(yè)銀行及用于對比分析的4家國有大型股份制商業(yè)銀行,從宏觀經(jīng)濟和微觀經(jīng)濟兩個層面進行研究。宏觀層面采用多元線性回歸分析法,選取國內(nèi)生產(chǎn)總值、居民人均可支配收入、貨幣供應量、直接融資額和年平均存貸款利差等五個宏觀經(jīng)濟指標作為自變量,考察其與中間業(yè)務(wù)收入的關(guān)系；微觀層面采用面板數(shù)據(jù)分析法,選取流動性比率、資本充足率、不良貸款率、固定資產(chǎn)凈值和業(yè)務(wù)及管理費用等五個中小股份制銀行運營及財務(wù)指標作為自變量,考察其對中間業(yè)務(wù)收入的影響。最后,在借鑒國外商業(yè)銀行發(fā)展中間業(yè)務(wù)先進經(jīng)驗的基礎(chǔ)上,結(jié)合我國中小股份制商業(yè)銀行的實際情況,根據(jù)前文定性定量分析得出的結(jié)果,對我國中小股份制商業(yè)銀行中間業(yè)務(wù)的發(fā)展提出建議。從分析的結(jié)果可以看到：商業(yè)銀行中間業(yè)務(wù)的開展,同宏觀和微觀的諸多經(jīng)濟變量都有著密切的關(guān)系。宏觀層面,經(jīng)濟的增長、人民生活生活水平的提高、金融市場的成熟、利率形成機制的完善和政府貨幣政策的松緊都不同程度地影響著各個商業(yè)銀行中間業(yè)務(wù)的發(fā)展。相比國有大型股份制商業(yè)銀行而言,全國性中小股份制商業(yè)銀行因為業(yè)務(wù)操作的靈活性,對金融市場的變化更加敏感。金融市場的成熟會極大地促進其中間業(yè)務(wù)的發(fā)展。微觀層面,國有大型股份制商業(yè)銀行,總體來看,發(fā)展中間業(yè)務(wù)的基礎(chǔ)較弱。并且,由于體制,以及業(yè)務(wù)操作市場化程度低等問題,其中間業(yè)務(wù)的發(fā)展對微觀經(jīng)濟因素變化的敏感性較低。相比而言,全國性中小股份制商業(yè)銀行由于其股權(quán)制度、管理制度的完善,創(chuàng)新能力和靈活性都較高。因此,其中間業(yè)務(wù)的發(fā)展對微觀經(jīng)濟因素較為敏感。隨著國內(nèi)金融市場競爭的日益激烈和傳統(tǒng)業(yè)務(wù)開展難度的不斷增大,各商業(yè)銀行對中間業(yè)務(wù)開展的重視程度不斷提高,這就推動了我國商業(yè)銀行中間業(yè)務(wù)的巨大發(fā)展。全國性中小股份制商業(yè)銀行應該針對自身存在問題,采取相應對策,在保持優(yōu)勢的同時,進一步推動自身中間業(yè)務(wù)的發(fā)展�；谏鲜龆ㄐ苑治龊投繉嵶C研究,為了更好地推動促進我國商業(yè)銀行,尤其是全國性中小股份制商業(yè)銀行,中間業(yè)務(wù)的發(fā)展,本文分為宏觀和微觀兩個層面提出了政策建議。主要包括：改變經(jīng)濟增長方式,促進國民經(jīng)濟發(fā)展；深化分配機制改革,提高人民生活水平；加強金融體系建設(shè),激發(fā)金融市場活力；完善法律法規(guī)制度,整頓市場規(guī)范秩序；促進利率形成機制,試點混業(yè)經(jīng)營模式；提高認識,明確定位,轉(zhuǎn)變傳統(tǒng)觀念；加強資產(chǎn)管理,增強風險防范意識；增強創(chuàng)新能力,實行差異化戰(zhàn)略；提高投入,加大設(shè)施建設(shè),提高人才培養(yǎng)力度。國內(nèi)學者對于我國商業(yè)銀行中間業(yè)務(wù)發(fā)展的研究,或是集中在定義、分類、策略等方面,缺乏定量的實證研究；或是集中在國有商業(yè)銀行中間業(yè)務(wù)方面,對中小股份制商業(yè)銀行中間業(yè)務(wù)的發(fā)展缺乏針對性研究。本文在總結(jié)上述文獻方法觀點的前提下,分宏觀和微觀兩個層面,經(jīng)過對比研究,應用定量的方法側(cè)重分析了影響我國全國性中小股份制商業(yè)銀行中間業(yè)務(wù)發(fā)展的經(jīng)濟因素,并針對實證研究結(jié)果,提出了推動其發(fā)展的政策建議。但是,由于知識水平所限,本文尚存在一些不足。比如,對于某些與商業(yè)銀行中間業(yè)務(wù)收入呈非線性關(guān)系的因素指標,本文沒有找出并對其進行準確的研究分析。另外,由于我國中小股份制商業(yè)銀行成立的時間較晚,且在其成立初期信息披露制度不完善,導致實證模型的數(shù)據(jù)樣本數(shù)量不夠充分,能獲得數(shù)據(jù)因各銀行財務(wù)制度的變化造成前后不一,模型估計存在一定的誤差。相信隨著自身知識水平的完善,問題研究的不斷深入,以及我國銀行信息披露機制的完善,會計制度的成熟和統(tǒng)一,這些問題都會得到妥善的解決,我國全國性中小股份制商業(yè)銀行中間業(yè)務(wù)發(fā)展的研究必將更進一步。

    Iniermediary business is one of the three big pillars in commercial bank business. With the development of soeialistic market economy and the improvement of economic system, intermediary business will play a further important role to the survival and development of commercial bank in China. After China’s entry into WTO, intermediary business has been expanded rapidly in China by foreign commercial banks. And the intermediary business of our country’s commercial banks is still at the starting stage and has great disparities with the developed countries.This paper uses comparative analysis, qualitative and quantitative research methods, and lead to a comprehensive sufficient intermediary business study of national small and medium-sized shareholding commercial banks in China.First, through a large number of literature research, this paper discusses the theoretical basis of the intermediary business. Second, contrast the intermediary business development in and out of China, and point out the problem and difficults of intermediary business development in our country. Third, analyze the influential factors of national small and medium-sized shareholding commercial banks in China by qualitative and quantitative research methods. This paper selects ten small and medium-sized shareholding commercial banks and four large state-owned shareholding commercial banks by contrast. Based on the qualitative analysis of the influential factors, this paper uses multiple linear regression and panel data analysis to discuss the quantitative relationship between intermediary business and ecomomical variables in the macroscopic and microscopic aspects. Finally, according to the development characteristics of intermediary business of national small and medium-sized shareholding commercial banks in China, which is discussed above, this paper makes some policy proposals.Through empirical analysis, the result shows that:the development of intermediary business of commercial banks in China has close relationships with the macroeconomic and microeconomic variables. In the macroscopic level, the improvement of economic growth, the improvement of people’s living standard, the mature degree of financial markets, the improvement of interest rate formation mechanism and government monetary policy make the varying degree affects to development of intermediary business of different kind of commercial banks. Compared to large state-owned shareholding commercial bank, national small and medium-sized shareholding commercial bank is more flexible in business operation, and more sensitive to changes of financial market. The mature degree of financial markets will greatly promote the development of intermediary business. In the microscopic level, the foundation of the intermediary business’development in large state-owned shareholding commercial banks, in general, is weak. And the development of intermediary business of large state-owned shareholding commercial banks is less sensitive to microeconomical factors’changes, because of economic system and low degree of marketization in business operation. In contrast, national small and medium-sized shareholding commercial banks have greater abilities to innovate and more flexibility to operate, because of its equity system and the improvement of management. Therefore, the development of its intermediary business is more sensitive to microeconomic factors. With the increasing competition in domestic financial market competition and continuously increasing difficulty in the operation of traditional business, different kind of commercial banks pay more attention to the intermediary business. This will promote the development of intermediary business in our country. National small and medium-sized shareholding commercial bank should adopt corresponding countermeasures and keep advantage in this business. At the same time, promote the further development of the intermediary business.Based on the analysis and conclusion of empirical research, in order to promote the intermediary business in our country’s commercial banks, especially national small and medium-sized shareholding commercial banks, this paper put forward policy suggestions in macro-and microscopic level. Mainly includes: changing the mode of economic growth and promoting national economic development; deepening the reform of the distribution system and improving the people’s living standards; strengthening the construction of financial system and stimulating financial market vitality; perfecting legal laws and regulations system and regulating the market order; promoting the formation mechanism of interest rate and piloting the mixing management mode; improving the understanding about intermediary business and changing the traditional ideas; strengthening management of assets and improving risk awareness; improving innovation ability and making the differentiation strategy; investing more, increasing facilities construction and improving personnel trainning.

        全國性中小股份制商業(yè)銀行中間業(yè)務(wù)實證研究

摘要4-8Abstract8-101. 導論13-20    1.1 選題背景及意義13-14    1.2 國內(nèi)外文獻綜述14-17        1.2.1 國外文獻綜述14-15        1.2.2 國內(nèi)文獻綜述15-17    1.3 研究思路與方法17-18    1.4 研究框架18-202. 中間業(yè)務(wù)理論概述20-27    2.1 中間業(yè)務(wù)的界定20-23        2.1.1 中間業(yè)務(wù)的定義20-21        2.1.2 中間業(yè)務(wù)的分類21-22        2.1.3 中間業(yè)務(wù)的特點及變化22-23    2.2. 中間業(yè)務(wù)產(chǎn)生發(fā)展的理論依據(jù)23-273. 商業(yè)銀行中間業(yè)務(wù)發(fā)展的現(xiàn)狀分析27-34    3.1 國外商業(yè)銀行中間業(yè)務(wù)的發(fā)展情況27-29        3.1.1 發(fā)展歷史27        3.1.2 發(fā)展現(xiàn)狀27-29    3.2 國內(nèi)商業(yè)銀行中間業(yè)務(wù)的發(fā)展情況29-34        3.2.1 發(fā)展歷史29-30        3.2.2. 發(fā)展現(xiàn)狀30        3.2.3 我國商業(yè)銀行中間業(yè)務(wù)發(fā)展存在的問題30-344. 我國全國性中小股份制商業(yè)銀行中間業(yè)務(wù)發(fā)展影響因素綜合分析34-56    4.1 全國性中小股份制商業(yè)銀行的界定34-35    4.2 中間業(yè)務(wù)發(fā)展的影響因素分析35-41        4.2.1 宏觀經(jīng)濟因素35-40        4.2.2 微觀經(jīng)濟因素40-41    4.3 全國性中小股份制商業(yè)銀行中間業(yè)務(wù)影響因素實證分析41-56        4.3.1 指標的選取與定義42-44        4.3.2 數(shù)據(jù)樣本選取44        4.3.3 模型的構(gòu)建44-46        4.3.4 實證結(jié)果及分析46-54        4.3.5 實證結(jié)論54-565. 我國全國性中小股份制商業(yè)銀行中間業(yè)務(wù)發(fā)展政策建議56-64    5.1 宏觀策略56-60        5.1.1 改變經(jīng)濟增長方式,加快國家經(jīng)濟發(fā)展56-57        5.1.2 深化分配體制改革,提高人民生活水平57-58        5.1.3 加強金融體系建設(shè),激發(fā)金融市場活力58        5.1.4 完善法律法規(guī)制度,指導業(yè)務(wù)有序發(fā)展58-59        5.1.5 放松金融管制,推動混業(yè)經(jīng)營,促進利率市場化59-60    5.2 微觀策略60-64        5.2.1 提高業(yè)務(wù)認識,明確業(yè)務(wù)定位,轉(zhuǎn)變傳統(tǒng)觀念60        5.2.2 加強資產(chǎn)管理,增強風險防范意識60-61        5.2.3 增強創(chuàng)新能力,實行差異化戰(zhàn)略61-62        5.2.4 加大設(shè)施建設(shè),提高人才培養(yǎng)力度62-646. 本文總結(jié)與研究展望64-66    6.1 本文總結(jié)64    6.2 研究展望64-66參考文獻66-69后記69-70致謝70

  本文關(guān)鍵詞：全國性中小股份制商業(yè)銀行中間業(yè)務(wù)實證研究，由筆耕文化傳播整理發(fā)布。